China Construction Bank Co. (OTCMKTS:CICHF) Sees Significant Increase in Short Interest

China Construction Bank Co. (OTCMKTS:CICHF) was the target of a large growth in short interest in September. As of September 30th, there was short interest totalling 58,995,800 shares, a growth of 19.0% from the September 15th total of 49,557,100 shares. Based on an average daily volume of 334,400 shares, the short-interest ratio is presently 176.4 days.

China Construction Bank Stock Up 2.6 %

CICHF traded up $0.02 on Tuesday, reaching $0.79. 2,650 shares of the company’s stock were exchanged, compared to its average volume of 145,665. The company’s 50 day moving average is $0.72 and its 200-day moving average is $0.70. China Construction Bank has a twelve month low of $0.54 and a twelve month high of $0.83.

About China Construction Bank

China Construction Bank Corporation provides various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally. It operates through Corporate Finance Business, Personal Finance Business, Treasury and Asset Management Business, and Others segments.